Wednesday 22 November 2017
 
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Union Properties posts $12m net loss in Q3

Union Properties, a leading developer in the UAE, has reported a net loss of Dh45 million ($12.2 million) for the third quarter compared with a net profit of Dh32 million ($8.7 million) in the same period last year.   Announcing the

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Marka posts $6m net loss for Q3

Marka, the UAE's first publicly traded retail operator, has posted a net loss of Dh22 million ($5.98 million) for the third quarter of the year compared to a net loss of Dh126 million in the second quarter. The company reporte

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Drake & Scull 2016 net loss narrows to $214m

UAE-based Drake & Scull, a leader in the integrated design, engineering and construction sector, has reported a net loss of Dh786.9 million ($214.4 million) for 2016 compared to the previous year's loss of Dh938.8 million ($255 million).

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Tasnee Q1 net loss narrows, ahead of forecasts

Saudi Arabia's National Industrialization Co (Tasnee) posted a narrower first-quarter net loss, beating analysts' forecasts due to higher sales volumes and not suffering the same negative impact from financial contracts at a subsidiary.

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Saudi Kayan Q1 net loss narrows on higher production, sales

The company, an affiliate of Saudi Basic Industries Corp (Sabic), made a net loss of SR216.3 million ($57.7 million) in the three months to March 31, it said in a bourse statement. This compares with a loss of SR591.6 million ($15

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Adnic reports $91m net loss

Abu Dhabi National Insurance Company (Adnic) has reported a net loss of Dh334.5 million ($91.07 million) for 2015, compared to a net loss of Dh280.4 million ($76.2 million) for 2014.   Khalifa Mohamed Al-Kindi, chairman of Ad

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Egypt's Suez Cement reports Q3 net loss

Egypt's Suez Cement, the country's largest listed cement maker by market value, said it made a net loss of EGP50 million ($6.23 million) in the third quarter compared with a net profit of EGP52 million ($6.4 million) a year earlier.

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Arabtec swings to $195m Q2 loss as costs rise

Dubai's largest listed construction firm Arabtec swung to a net loss of Dh718.3 million ($195.59 million) in the three months to June 30 as against a profit of Dh102.4 million ($27.88 million) in the corresponding period of 2014.

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Topaz Energy H1 profit plunges 114pc

Topaz Energy and Marine, a leading offshore support vessel company, posted a net loss of $3.1 million in the first six months (H1) of the year as against a profit of $21.9 million during H1 2014, a fall of 114.2 per cent. The comp

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Topaz Energy H1 profit plunges 114pc

Topaz Energy and Marine, a leading offshore support vessel company, posted a net loss of $3.1 million in the first six months (H1) of the year as against a profit of $21.9 million during H1 2014, a fall of 114.2 per cent. The comp

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